Micron Leads Tech as Nasdaq Hits High: Stock Market Today - Kiplinger

Following a three-day weekend, U.S. markets reopened on Tuesday with major indices hitting record highs. Tech stocks led the rally, with Micron Technology driving market momentum after President Trump... Read original →

Micron’s $100B U.S. fab endorsement by Trump epitomizes Washington’s CHIPS Act-driven tech sovereignty push. This accelerates HBM and AI-optimized memory innovation while pressuring TSMC (Taiwan, China) and Samsung to escalate EUV investments below 3nm. Although subsidies temporarily ease compliance burdens, mandated onshoring elongates supply chains and inflates inventory risk. In response, SK hynix may deepen long-term agreements with mainland Chinese clients to hedge geopolitical exposure. Over the next 18 months, AI server demand will drive DRAM bit growth beyond 25%, yet concentrated capacity in the U.S., Japan, and Korea risks structural shortages—potentially shifting global pricing power in memory markets.